Dr. Atip Asvanundไทย
Trade Wars & Economic Statecraft

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7:11YOUTUBE

Summary

The US–China trade war is not the policy of any one president, so the question of who started it has to cover both the Trump and Biden terms.

What is clear is that measures begun under one administration were kept and extended under the next.

Huawei, ZTE and TikTok are the technology front of this war, justified on security grounds more than trade ones.

The AI chip route between China and America is the decisive arena, because that is where export controls genuinely constrain the other side’s capability.

The future of the trade war therefore depends less on US election outcomes than many assume.

Key points

  1. Both parties run the same policy

    Changing president has not changed the direction of the trade war.

  2. Tech bans run on security logic

    Huawei, ZTE and TikTok are handled under a different frame from goods tariffs.

  3. Chips are the real battlefield

    Export controls affect long-run capability, not just an annual trade figure.

  4. Winners and losers are not only the two countries

    Third countries in the supply chain absorb the full impact.

  5. Do not expect an election to end it

    The long-run trend is set by structural competition, not by individuals.